Technip Energies (Paris) announced that OCIKUMHO Sdn. Bhd., a joint venture between OCIM Sdn. Bhd. and Kumho P&B Chemicals has signed a license agreement for a 100,000-ton/yr EPICEROL plant for the production of epichlorohydrin (ECH) from glycerine. ECH is a…
Perstorp AB (Malmö, Sweden) announced that it will be acquired by PETRONAS Chemicals Group Berhad (PCG; Kuala Lumpur, Malaysia). PCG signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The…
Solvay S.A. (Brussels, Belgium) announced an investment in Suanfarma’s Cipan manufacturing site located in Lisbon, Portugal to develop its biotechnological capabilities and support the development of natural ingredients. This transaction, to be completed by mid-2023, is the first step of…
Toray Industries, Inc. (Tokyo) announced that it has received a reverse osmosis (RO) membrane order for the Taweelah desalination plant in the United Arab Emirates. Once the operation commissions in the second half of 2022, this will be the world’s…
ADM (Chicago) announced it will invest to significantly expand starch production at its Marshall, Minnesota, facility in order to meet fast-growing demand from the food and beverage sectors, and to support the continued expansion of the company’s BioSolutions platform. “We’re…
Petrobras (Rio de Janeiro, Brazil; petrobras.com.br) announced that it signed a contract with the Toyo Setal HDT Paulínia Consortium, formed by the companies TSE and TOYO, for the construction of a new diesel hydrotreatment unit (HDT) at the Paulínia Refinery…
Henkel AG (Düsseldorf, Germany) announced the opening of its Application Center in Santa Clara, CA designed to support product development for the company’s high-tech customers in the Silicon Valley region. Equipped as a state-of-the-art facility, the Application Center will help…
KBR, Inc. (Houston) announced that it was awarded a contract for its green ammonia technology, K-GreeN, from JGC Corp. (Yokohama, Japan) for a project sponsored by New Energy and Industrial Technology Development Organization (NEDO), a national research and development agency…
As a part of its next phase of its strategic transformation, Evonik Industries AG (Essen, Germany) is aligning its portfolio completely to its three growth divisions: Specialty Additives, Nutrition & Care, and Smart Materials. Preparations are already under way for…
Sandvik AB (Sandviken, Sweden) has signed an agreement to acquire the mining related business of Schenck Process Group (SP Mining). SP Mining is one of the market leaders in screening, feeding and screening media solutions in the industry. The company…